Today, large intermediaries establish trust in our economy and control the movement, storage, and allocation of money and assets. The status quo, however, is rife with inefficiencies. In this course, we’ll address the many challenges of the status quo and discuss how cryptoassets, smart contracts, new identity systems, and new financial business models can help overcome them. You’ll learn how blockchain technology empowers individuals, entrepreneurs, and businesses with the tools they need to help level the playing field and to participate in the value they create. By the end of this course, you’ll learn how and why transacting on the blockchain can help us bring about a future that is faster, fairer, and more distributed than the world we inhabit today.

審閱

SV

Tapscotts must be the ultimate authority of the knowledge of Blockchain, it's been an honor to learn from them. I am deeply grateful and indebted.

DS

May 11, 2019

Filled StarFilled StarFilled StarFilled StarFilled Star

Amazing course. You will love it if you enroll it. You will not regret. 100% recommended. The instructors, Don and Alex, are outstanding.

從本節課中

Rethinking Finance

The current global financial system is riddled with inefficiencies, uneven developments and bizarre contradictions. Blockchain technology has the potential to bring about profound changes to financial services. In this module, you will learn how blockchain technology will disrupt the core functions of the financial services industry, offering individuals and organizations alike real choices in how they create and manage value.

教學方

Don Tapscott

Adjunct Professor

腳本

Today's global financial system is very inefficient and it's full of contradictions, and we think that most leaders of the financial services industry, would agree with that statement. In this module, you'll learn how Blockchain technology has the potential, to disrupt core functions of the financial services industry for the better. It could offer real choices for how people in organizations create and manage value. By the end of this module, you'll be able to describe six inefficiencies, in the financial services industry. You'll learn how Blockchain can do better on cost, speed, risk management, innovation and adaptability. You'll be able to identify eight core functions, of the financial services sector, and explain how Blockchain can disrupt these functions, cutting out the middleman or causing them to radically change their operations for the better. Blockchain can authenticate identity and assess value. It can handle the moving, the storing, the lending, and the exchanging of value. It can automate the process of funding and investing. Insurance and managing risks become far more transparent on a Blockchain, and accounting for value can happen in real time. Those eight functions should improve corporate governance and responsibility, and build a better economy. Next, you'll learn it four problems, with modern double entry accounting. Human error is a common cause and accounting mistakes. Lack of transparency allows greed to flourish. People can cook the books to hide their wrongdoings, and double entry accounting, can't always handle new business models like micro transactions. Triple entry accounting on a Blockchain could solve these problems. Shareholders, auditors and regulators, could access a worldwide ledger, to check the company's health and compliance in real time. So, please head to the discussion forums if you've got questions, and for more on rethinking finance on Blockchain. Check out chapter three of Blockchain revolution. On behalf of my coauthor Alex Tapscott and our academic partner NC add, thanks for joining us.